Côte d’Ivoire to invest over $7 billion in infrastructure sector
(Ecofin Agency) - Côte d’Ivoire plans to disburse about CFA3, 750 billion ($7.09 billion) in the coming five years, to develop its infrastructures.
The funding falls in line with an infrastructures investment plan and should allow the country to build new projects to boost its strong and growing economy.
According to information relayed by RFI, this plan should help develop road and motorway projects and construct bridges. It will also enable the development of projects in the hydraulic sector that has already captured so far, about $ 1.2 billion.
In addition to the existing bridges in Abidjan, another one is planned to connect Yopougon and the business center in Plateau district.
The country also planned to construct a 330 km highway in line with the project to build a 1, 000 km highway linking Yamoussoukro and Ouagadougou. It should be noted that the world-fourth fastest growing country (according to a recent report of World Bank) has been increasing infrastructure projects in recent years. This should enable it to diversify key sectors to fast track growth that is still sensitive to fluctuations in commodity markets.
Moutiou Adjibi Nourou (intern)